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| - Shadi A. Karam received degrees from the American University of Beirut (AUB), Columbia University, and Harvard University. In his primary professional capacity, he is known as a specialist in the restructuring of organizations and distressed companies, most notably occupying the post of Financial Adviser to the Director General of UNESCO and serving as a Chairman and CEO of several major companies in Europe and the Middle East in various sectors, ranging from industry to real estate development, hotels, trading and financial services. (en)
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has abstract
| - Shadi A. Karam received degrees from the American University of Beirut (AUB), Columbia University, and Harvard University. In his primary professional capacity, he is known as a specialist in the restructuring of organizations and distressed companies, most notably occupying the post of Financial Adviser to the Director General of UNESCO and serving as a Chairman and CEO of several major companies in Europe and the Middle East in various sectors, ranging from industry to real estate development, hotels, trading and financial services. Karam was the lead principal in the restructuring and modernization of the Real Estate Bank of Syria, a State-owned bank, in 1996-1997 and the successful turn around of Lebanon's BLC Bank, one of the major commercial banks of Lebanon which had to be taken over by the Central Bank of Lebanon in 2002. He also played a key role in the modernization of the banking sector in Syria in general, its liberalization and its opening to international financial markets - an effort he was able to press further as CEO of Souria Holdings, the second largest investment company in the country and the first in Syria to implement the Public Private Partnership model. He resigned from Souria Holding and left Syria in 2010 in the very early phases of the Syrian unrest which turned into the Syria's internal strife. Some critics have argued, however, that despite the multiple efforts of Syrian, Lebanese and foreign institutions like the EU, the economic reforms introduced by President Bashar Al-Assad in the early years of his ascension as head of state in 2000 have had a far more limited impact than promised and may have even precipitated the unrest and protests that began in the Spring of 2011 and later developed into the Syrian Civil War. (en)
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